JRH,
You may want to do due diligence on WorldCom (WCOM). It's merger with MCI should soon be approved. With their UUNET division, they are the backbone of the internet. See following from Lehman Brothers today.
Lehman Releases List Of 10 Uncommon Values In Stock Market
July 01, 1998 9:54 AM
NEW YORK -(Dow Jones)- Lehman Brothers Inc. on
Wednesday released its list of "10 Uncommon Values"
in the stock market.
Lehman said that stocks that make the list are
"overlooked stock(s) that we anticipate will outperform
the market over the portfolio's 12-month time frame."
This year's companies are: Applied Materials Inc.
(AMAT), Office Depot Inc. (ODP), Clear Channel
Communications Inc. (CCU), Progressive Corp. (PGR),
Comverse Technology Inc. (CMVT), Star Banc Corp.
(STB), Danaher Corp. (DHR), Tyco International Inc.
(TYC), Illinova Corp. (ILN) and WorldCom Inc.
(WCOM).
Several of last year's selectees posted substantial gains
over the 12-month period from the close of June 30,
1997, through June 30, 1998. America Online Inc.
(AOL) added 281%, Southwest Airlines Co. (LUV)
rose 72% and Safeway Inc. (SWY) climbed 76%. The
group as a whole tacked on 48.6%, according to Scott
Collins, a member of the investment advisory committee
that compiles Lehman's list.
Lehman has compiled the lists for the past 50 years.
- Justin A. Oppelaar; 201-938-5175
Copyright (c) 1998 Dow Jones & Company, Inc.
All Rights Reserved.
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